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in the senate, picking up some seats in the house, not a huge number. if you're john boehner in the press conference he had, one of his lines was, i think we have a lot of work to do as it relates to the republican party. the republican party is trying to figure out what happened and i don't know if in the midst of a what happened self-examination you really want to go into a huge political fight with the consequences you've just outlined with the president of the united states. >> mark halperin, do you agree that the president has the leverage right now and all the signals from john boehner are that first of all, be he wants to make a deal, perhaps returning to the bargain that was left on the table, and that this time he has the support of eric cantor and others, not all of the conservatives, the fiscal hawks in the house caucus, but of the leadership. >> i think all the movement since the elections towards a deal as chris said in part because the president's win was bigger than people thought in part because the balance of power in the senate coming up. the big questions, who will the
, we have the president winning re-election. we have john boehner returning to the speakership. harry reid returning. to being the senate majority leader. and while the status quo was the big winner last tuesday, the history books will not remember the names john boehner and harry reid as long as they will remember what this re-election meant for president barack obama. >> that's exactly right. it is a ratification. it is an affirmation historically. you could argue that maybe one of the reasons he's crying is he's going to have to deal with john boehner and harry reid going forward. so there could be a very practical trigger there. but certainly, i mean, what mike and john have said is exactly right. it's an important moment. he's the third democrat, fourth democrat, to do this in a century. woodrow wilson, franklin roosevelt, bill clinton and barack obama. not bad company to be in. >> by the way, i heard you say that on wednesday morning. who was the democrat -- the last democrat before that to do it? >> well -- >> that's a test. >> -- that is a test. >> jackson? >> i guess it would
with their money. thank you for joining us. >>> last night house speaker john boehner -- also, he's not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 1st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's night mare combination of tax hikes and spending cuts the president agreed to to force themselves into a compromise. so far, they haven't agreed on anything. so barring a last-minute fix at the stroke of midnight on new year's eve, the bush tax cuts expeer. the alternative minimum tax kicks in. more than half of all married couples with
avoiding the so-called fiscal cliff. last night house speaker john boehner insisted he's optimistic about an agreement telling abc's diane sawyer he is, quote, the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about -- >> i made clear yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax hikes and spending cuts that congress and the president agreed to to force themselves into a compromise, but so far they haven't agreed on anything. so barring a last-minute fix at the s
house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the end of next year. but the real political sticking point is taxes. the president called on congress to make tax cuts for people making less than $200,000, and making less than $250,000, and drew a line in the sand. >> i refuse to accept any approach that is not balanced. and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday exit poll which indicated nearly 60% of voters would support higher taxes on the wealthy.çó and while john boehner hinted at some taxes going up, he
that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
speaker john boehner is doing the dance of the seven veils. ♪ >> a day after the president's re-election, the speaker of the house opened the door to additional tax revenues. >> we're willing to accept new revenue under the right conditions. >> but after that telling peekaboo, boehner pulled back, announcing tax increases are not an option. >> raising tax rates is unacceptable. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> last night, he revealed to diane sawyer that his party was no longer seeking to repeal the affordable care act. >> well, i think the election changes that. it's pretty clear that the president was elected, obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care. >> there may be parts of it that we believe need to be changed. we may do that. no decisions at this point. >> but hours after that interview, boehner shrouded himself once again tweeting, obama care is law of the land but it is raising costs and threatening jobs. our goal has been and will rema
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
seemed to be that john boehner couldn't bring to the table his side. the president, i thought, was willing to do exactly what you just suggested, to take some heat from the left and of the spectrum, make the deal and make concessions, see what the other side needed and i think boehner on his own could agree to that, he did but couldn't match the gang of six and couldn't get the tea party to go along without a mutiny. >> what of the tea party? we've had an election, the president has been re-elected the senate is now back in -- remains in democratic can hands. republicans are not feeling good about the path forward for the party demographically speaking. how much does this sway does the tea party have in the negotiations? >> we want to get him involved. >> certainly they're neutered from where they were two years ago. all of that -- you saw tight races, michele bachmann squeaked it out, alan west is most likely going down. all that being said we won't know the answer to the power they have until the civil war within the gop plays out. if you have folks like eric cantor, who has
is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of say, look, let's do this, this is important to the country, let's move on, we can disagree about lots of other things, but we're going to compromise and move forward. whether that compromise is not raisin
. look, i think the white house was pleasantly surprised and open to what john boehner said. i mean, obviously, they appreciated what they thought was a very thoughtful and well thought out position that speaker boehner made publicly about where he sees the negotiations, where he's publicly putting out there where he's willing to move for now. obviously, everything's in negotiation, everything's a little bit of posturing. but it certainly was a much different tone, for instance, than what came out of mitch mcconnell's office office the election, and we've plowed through that plenty. i think what you're going to see now is the white house wants to attack a little bit of time, be thoughtful how public -- what they say publicly versus how much maneuverer ability is there. the other unnamed player is chuck shumer. chuck schumer publicly said i like simpson bowls in the it made an effort but i don't like what they're trying to do with taxes. we can't do this with tax reform. taxes should go up. he wants to move the negotiating position on the democrats in a little bit of a different dire
't think so. john boehner laughing in the face that the leader of the republican party from here on out might be paul ryan. that guy? the republican party pick its new face, its new leader after their electoral disaster. that's going to be an amazing thing to watch. here's just a case in point. it was an overall electoral disaster for republicans to lose the presidency. it was thought to be impossible for them to lose the presidency. nobody since the great depression has been reelected as president with an unemployment rate like the one we have now. but barack obama manage d to do it. just take as a case in point. the tremendous republican disaster in the united states senate. i mean, they had a bad night on tuesday night. but in the senate, it was a sure bet that the republicans were supposed to retake control of the senate this year. a sure bet. they are only defending ten seats. not only did the republicans not retake the senate, the democrats held on to control and increased their margins. that's impossible. in a year like this. and the depth of that failure is bottomless. look at h
they already agreed to that. i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we heard the mandate in 2010, where i
, the speaker of the house telling his troops to fall in line. could john boehner face another revolt? >>> first, we go back to florida, ground zero for head counts and election nights with no winners, again? this is msnbc. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> from his ranch in crawford, texas, governor bush voiced his objections to a third recount of ballots in florida. >> we've had one count and then we had another count. and fortunately, we won both counts. >> by going to court, bush is hoping to insure his lead in florida unofficially a 327-vote marnellen doesn't change in tallahassee today, former secretary of state, james baker, repeated his argument that hand-counting is subjective and unreliable and he accu
of the house, john boehner, summoned reporters, gave a formal speech. he used a teleprompter because it was important to get the words right and he had a message to send to the president. kelly o'donnell covers the hill for us, and she is there tonight. kelly, good evening. >> reporter: good evening, brian. quite a conciliatory tone today, and there's new urgency here and we'll all be hearing a lot more of this term fiscal cliff. that is the danger of another recession unless congress acts before the new year. that's when taxes go up as the bush era rates expire, the payroll tax back up to its normal rate after a two-year break, and a big across-the-board unless washington does something about the long-term deficit. today congressional leaders started their public negotiations. >> i want to work together, but i want everyone to also understand you can't push us around. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. we want you to lead. >> reporter: there are differenting solutions. democrats say they want higher taxes o
on that famous fiscal cliff. and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry for the best? it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. >>> let's have a serious debate. don't scream and yell. you know what, it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't see why republicans don't take obama's offer to freeze taxes f
house speaker john boehner told politico the day before the election about whether president obama has a mandate on this issue. listen, our majority is going to get re-elected, we'll have as much of a mandate as he will to not raise taxes. what do you say to mr. boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon goes to china moment
connell and john boehner. can you help explain that? >> mitch mcconnell who runs the senate republican caucus, he's definitely playing the role of the bad cop in that he does not want to compromise at all on tax cuts, has taken a much more hard-line approach, has the bulk of his time talking to "the wall street journal" editorial page, basically speaking to the base. where you have speaker boehner talking in much more conciliatory tones and talking about getting a deal. i think that's going to be the dynamic. mitch mcconnell is up for re-election in 2014. in a very conservative state where it's not inconceivable the tea party would run somebody against him if he does not take a hard-line approach. people need to remember that as these negotiations unfold. for boehner, he wants a deal. i do want to comment a second on the interview you had with paul ryan. ryan might not think that there is a mandate, but the president does, congressional democrats do, and the public does, if you look at polling. and there's zero chance that the president is going to compromise on this, which is why i think there's
to be for raising taxes. but let's be clear. when john boehner says, i'm open to raising revenues, he had on the table a proposal to raise taxes. that's what it means when you're raising revenues. they can spin it any way they want, it's raising taxes by $800 billion. so the republican party, in a growing number of folks in the republican party, are on record for raising taxes. and they know the number's going to have to be above 800. that's the floor from last year. i think the actual number will be 1.2 which will be the middle ground between 800 and $1.6 trillion. you don't get to $1.2 trillion without either raising tax rates or changing how we tax investment, which is the reason that a lot of rich people end up paying a very low tax rate. people like mitt romney can pay an effective tax rate of 10% to 15% because so much of their income comes from long-term investment holdings. something has to give. you have to change those things if you want to raise that type of revenue. >> we've talked a lot about the tax side of this, but there's spending cuts that need to be dealt with. no one w
Search Results 0 to 49 of about 51 (some duplicates have been removed)